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The UK is sitting on twice as much shale gas than anyone previously thought

According to a new study, the BGS estimates the UK is sitting on more than 1,300 trillion cubic feet of petroleum. The Wall Street Journal's Sarah Kent and Cassie Webber say that figure is more than double previous estimates.

Why Russia must reform its energy sector

Russia must urgently reform its energy sector if it is to remain a global player in the energy markets, according to experts and business leaders speaking at the St. Petersburg International Economic Forum.
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